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Csprusd

The beatdown in CASPER can't continue forever!Casper has been getting absolutely pounded into the dirt for quite some time now, and it can't continue forever. It has formed a mild double bottom on the hourly chart and may bounce off this bottom soon, potentially resulting in a relief rally. There are too many people who believe in CSPR, and they are bound to start buying again, either to offset previous losses, reduce their buying average, or open a new position. Good luck, and always use a stop loss!
CRYPTO:CSPRUSDLong
by MetaShackle
CASPER is likely to make a small rally to the upper trend line.CSPR has been getting beaten like a red-headed stepchild for quite some time now after experiencing some major issues with its technology. However, from a trader's perspective, I think we could see some really nice trading opportunities in the next couple of days to a couple of weeks. Overall, I think CASPER is a complete pile of garbage, hyped by YouTube influencers, and will likely fade away into the garbage can of crypto's past sooner rather than later, but that's just my opinion. Good luck, and always use a stop loss!
CRYPTO:CSPRUSD
by MetaShackle
CASPER drop likely to continue to bottom wedge trend line.CASPER (CSPR) has been getting beaten to the ground like a red-headed-step-child, and even though it may bounce a little off of the right resistance points, it's very likely we will continue to see it drop overall to approx. the .031 level before there's any significant reversal. If it fails to hold this level, it could be catastrophic for the price, but also may present a great buying opportunity for trader's, and long-term holders looking to add to their positions. Good luck, and always use a stop!
Short
by MetaShackle
2
CASPER rebound likely to fail.Many of us have been frothing at the mouth, watching the recent CASPER (CSPR) collapse, waiting for a likely entry point to go long. The bounce we're seeing right now is likely due to the trend seen in the overall crypto market, and not one that's unique to CASPER itself. It looks like this bounce will be temporary, and the downtrend will continue to at least the $0.03218 level before we see any meaningful or sustainable reversal, even though I think that it will go a little lower than that, likely to the $0.03 - $0.031 level. If the bounce does continue, it will likely be stopped at the upper descending trend line (the upper dashed line). If it does break that trend line, it could be a good sign that the reversal is in. If you enter a long trade, use a stop-loss. In fact, I recommend always using a stop-loss. Good luck!
by MetaShackle
📈CASPER weekly --> 150% profit plan📉OKX:CSPRUSDT KUCOIN:CSPRUSDT Hello Traders, please check out my previous ideas. If the price stabilizes above the green areas --> 💥long scenario💥 targets are on the chart. optimum stop-loss is below the 0.016$ level. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
Long
by CrazyS
3
CSPRUSD Close to a major bullish break-out!Casper (CSPRUSD) broke today above the Lower Highs trend-line that has been in effect since late December 2021. This is the Resistance level that suppressed the price action throughout the whole Bear Cycle. If it manages to close the candle above it, preferably the weekly, it will be a major bullish development with confirmation coming when the price breaks above the 1W MA50 (red trend-line). Right now we are on the ultimate Resistance cluster as the 1D RSI is also struggling on the Resistance Zone that is holding since March 31 2022. A Triple Top there would delay the upside for a month or so, but since the price is trading on Higher Lows (since the June 18 market bottom), it is a matter of time before Casper breaks upwards. As you see, the Fibonacci retracement levels fit almost perfectly with Support/ Resistance levels during the downtrend of the Bear Cycle, and can provide us with a guide as targets on the new Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:CSPRUSD
by TradingShot
1